# Cattle Futures Climb on Slower Placements | Fox Business

> Cattle futures rose on Aug. 28 after USDA reported July feedlot placements of 1.6 million head, up 3% year over year and below expectations. Analysts said the slowdown points to tighter supplies when cattle are slaughtered in early 2018, while Harvey's impact on Texas ranchers was seen as limited nationally.

- Date: 2017-08-28 · published 2017-08-28T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/69587-cattle-futures-climb-on-slower-placements-fox-business
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Slower placements suggest fewer cattle will reach market in early 2018, which supports future livestock prices and the feedlot demand for feed grains.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2023-11-20 | [Cattle futures rise on lower-than-expected placements - CME
						 \| The Cattle Site](https://feedsoft.ai/events/7974-cattle-futures-rise-on-lower-than-expected-placements-cme-the-cattle-site.md) | -2.9% | -5.1% |
| LCATTLE | 2026-09-22 | [Cattle futures surge on weak feedlot placements - CME
						 \| The Cattle Site](https://feedsoft.ai/events/17615-cattle-futures-surge-on-weak-feedlot-placements-cme-the-cattle-site.md) | -1.1% | +2.0% |
| LCATTLE | 2017-11-22 | [Hog, Cattle Futures Bounce; Pork Belly Stocks Rise \| Fox Business](https://feedsoft.ai/events/68126-hog-cattle-futures-bounce-pork-belly-stocks-rise-fox-business.md) | +0.9% | +0.8% |
| LCATTLE | 2023-04-02 | [Futures File: Cattle bolt on low supplies - CNHI](https://feedsoft.ai/events/8668-futures-file-cattle-bolt-on-low-supplies-cnhi.md) | +3.5% | +2.7% |
| LCATTLE | 2026-10-27 | [Cattle futures rally on bullish Cattle on Feed report](https://feedsoft.ai/events/571-cattle-futures-rally-on-bullish-cattle-on-feed-report.md) | -3.0% | — |
| FCATTLE | 2023-11-20 | [Cattle futures rise on lower-than-expected placements - CME
						 \| The Cattle Site](https://feedsoft.ai/events/7974-cattle-futures-rise-on-lower-than-expected-placements-cme-the-cattle-site.md) | -6.9% | -2.3% |
| FCATTLE | 2026-09-22 | [Cattle futures surge on weak feedlot placements - CME
						 \| The Cattle Site](https://feedsoft.ai/events/17615-cattle-futures-surge-on-weak-feedlot-placements-cme-the-cattle-site.md) | -1.7% | +2.1% |
| FCATTLE | 2026-10-27 | [Cattle futures rally on bullish Cattle on Feed report](https://feedsoft.ai/events/571-cattle-futures-rally-on-bullish-cattle-on-feed-report.md) | -4.1% | — |

## Sources

- foxbusiness.com: https://www.foxbusiness.com/features/cattle-futures-climb-on-slower-placements

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.